Prepare a format of a Bill of Exchange from the following information.
Mr. Akash Sane, $42$ , 'Sagar', Bandar Road, Ratnagiri, draws a three months bill in Mrs. Megha Kale, Vishram Baag, Sangli, for Rs. $16, 500$ on $1^{s t}$ December, $2016$ , which was accepted on $4^{t h}$ December, $2016$ , for Rs. $15, 000$ only by Mrs. Megha Kale.

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Solution

Bill of Exchange
Stamp Mr.Akash Sane
Rs 16500/- 42, sagar, Bandar Road,
Ratanagiri.
Date 1 st Dec 2016
Three months after date, pay to me or order the sum of rupees Sixteen Thousand
Five Hundred only, for the value recieved.
Sd/-
Akash Sane
To. Accepted
Mrs. Megha kale only Rs 15,000/-
Vishram Baag, Sd/-of Mrs. Megha Kale
Sangali. 04th Dec 2016

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Balance as per Passbook was Rs 50,000

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